STOCK TITAN

[Form 4] Okta, Inc. Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Solarius Capital Sponsor, LLC has filed an initial Form 3 disclosing its position in Solarius Capital Acquisition Corp. (SOCA) following the SPAC’s 15 Jul 2025 IPO event. The sponsor directly owns 5,750,000 Class B founder shares; these convert 1-for-1 into Class A ordinary shares in connection with a future business combination and carry no expiration. Up to 750,000 shares are subject to forfeiture if the underwriters do not fully exercise their over-allotment option, as outlined in the S-1 prospectus (File No. 333-288078). The sponsor is classified as a director by deputization and a >10% beneficial owner. Although three individuals (David Saab, Charles Ecalle, Evangelia Kallitsi) manage the sponsor, none is deemed to have separate voting or dispositive control. No additional derivative securities are reported. The filing is a routine ownership disclosure that does not modify the capital structure or provide operating results.

Solarius Capital Sponsor, LLC ha presentato un modulo iniziale Form 3 per comunicare la sua posizione in Solarius Capital Acquisition Corp. (SOCA) a seguito dell'IPO del SPAC avvenuta il 15 luglio 2025. Lo sponsor detiene direttamente 5.750.000 azioni di classe B da fondatore, che si convertono 1 a 1 in azioni ordinarie di classe A in occasione di una futura combinazione aziendale e non hanno scadenza. Fino a 750.000 azioni sono soggette a decadenza se i sottoscrittori non esercitano completamente l'opzione di sovrallocazione, come indicato nel prospetto S-1 (File No. 333-288078). Lo sponsor è classificato come direttore per delega e come proprietario effettivo con oltre il 10%. Sebbene tre persone (David Saab, Charles Ecalle, Evangelia Kallitsi) gestiscano lo sponsor, nessuna di esse ha un controllo separato di voto o disposizione. Non sono segnalati altri strumenti derivati. La comunicazione è una normale dichiarazione di proprietà che non modifica la struttura del capitale né fornisce risultati operativi.

Solarius Capital Sponsor, LLC ha presentado un Formulario inicial 3 revelando su posición en Solarius Capital Acquisition Corp. (SOCA) tras el evento de IPO del SPAC el 15 de julio de 2025. El patrocinador posee directamente 5,750,000 acciones clase B de fundador, que se convierten 1 a 1 en acciones ordinarias clase A en relación con una futura combinación de negocios y no tienen fecha de vencimiento. Hasta 750,000 acciones están sujetas a pérdida si los suscriptores no ejercen completamente su opción de sobreasignación, según lo detallado en el prospecto S-1 (Archivo No. 333-288078). El patrocinador se clasifica como director por delegación y propietario beneficiario con más del 10%. Aunque tres personas (David Saab, Charles Ecalle, Evangelia Kallitsi) gestionan el patrocinador, ninguna tiene control separado de voto o disposición. No se reportan valores derivados adicionales. La presentación es una divulgación rutinaria de propiedad que no modifica la estructura de capital ni proporciona resultados operativos.

Solarius Capital Sponsor, LLC는 2025년 7월 15일 SPAC의 IPO 이후 Solarius Capital Acquisition Corp. (SOCA)에 대한 보유 지분을 공개하는 초기 Form 3를 제출했습니다. 스폰서는 직접 5,750,000주 클래스 B 창립자 주식을 보유하고 있으며, 이는 향후 사업 결합 시 1대1로 클래스 A 보통주로 전환되며 만료되지 않습니다. 최대 750,000주는 인수인들이 초과배정 옵션을 전부 행사하지 않을 경우 몰수될 수 있으며, 이는 S-1 설명서(File No. 333-288078)에 명시되어 있습니다. 스폰서는 대리 이사10% 이상 실질 소유자로 분류됩니다. 세 명의 개인(David Saab, Charles Ecalle, Evangelia Kallitsi)이 스폰서를 관리하지만, 누구도 별도의 의결권이나 처분권을 가진 것으로 간주되지 않습니다. 추가 파생 증권은 보고되지 않았습니다. 이번 제출은 자본 구조를 변경하거나 운영 실적을 제공하지 않는 일상적인 소유권 공개입니다.

Solarius Capital Sponsor, LLC a déposé un formulaire initial 3 divulguant sa position dans Solarius Capital Acquisition Corp. (SOCA) suite à l'introduction en bourse du SPAC le 15 juillet 2025. Le sponsor détient directement 5 750 000 actions de fondateur de classe B, convertibles à raison de 1 pour 1 en actions ordinaires de classe A lors d’une future combinaison d’affaires, sans date d’expiration. Jusqu’à 750 000 actions sont susceptibles d’être perdues si les souscripteurs n’exercent pas pleinement leur option de surallocation, comme indiqué dans le prospectus S-1 (dossier n° 333-288078). Le sponsor est classé en tant que directeur par délégation et détenteur bénéficiaire de plus de 10%. Bien que trois personnes (David Saab, Charles Ecalle, Evangelia Kallitsi) gèrent le sponsor, aucune ne détient un contrôle séparé de vote ou de disposition. Aucun autre titre dérivé n’est signalé. Le dépôt constitue une divulgation de propriété routinière qui ne modifie pas la structure du capital ni ne fournit de résultats opérationnels.

Solarius Capital Sponsor, LLC hat ein initiales Formular 3 eingereicht, das seine Position in Solarius Capital Acquisition Corp. (SOCA) nach dem Börsengang des SPAC am 15. Juli 2025 offenlegt. Der Sponsor besitzt direkt 5.750.000 Class B Gründeraktien, die bei einer zukünftigen Unternehmenszusammenführung 1:1 in Class A Stammaktien umgewandelt werden und keine Ablauffrist haben. Bis zu 750.000 Aktien unterliegen dem Verfall, falls die Underwriter ihre Mehrzuteilungsoption nicht vollständig ausüben, wie im S-1-Prospekt (Aktenzeichen 333-288078) beschrieben. Der Sponsor wird als bevollmächtigter Direktor und als über 10% wirtschaftlicher Eigentümer eingestuft. Obwohl drei Personen (David Saab, Charles Ecalle, Evangelia Kallitsi) den Sponsor verwalten, hat keiner von ihnen eine separate Stimm- oder Verfügungsbefugnis. Es werden keine weiteren derivativen Wertpapiere gemeldet. Die Einreichung ist eine routinemäßige Offenlegung der Eigentumsverhältnisse, die die Kapitalstruktur nicht ändert und keine Betriebsergebnisse liefert.

Positive
  • None.
Negative
  • None.

Insights

TL;DR – Routine sponsor Form 3; confirms 5.75 M founder shares, standard forfeiture clause, no new financial impact.

This disclosure simply formalises the sponsor’s founder-share stake. A 20% pre-IPO equity position with a forfeiture buffer is typical for SPAC structures and signals alignment between management and public shareholders. There are no warrants, options, or unusual rights reported. Because the information mirrors what was already in the S-1, market impact should be minimal.

TL;DR – Confirms control block & deputised board presence; governance profile unchanged.

The sponsor affirms its >10% ownership and board representation via deputisation, a common SPAC governance arrangement. The absence of individual control language mitigates perceivable conflicts, but investors should still monitor related-party transactions post-combination. No red flags or enhancements to shareholder protections are introduced, so the filing is neutral in governance terms.

Solarius Capital Sponsor, LLC ha presentato un modulo iniziale Form 3 per comunicare la sua posizione in Solarius Capital Acquisition Corp. (SOCA) a seguito dell'IPO del SPAC avvenuta il 15 luglio 2025. Lo sponsor detiene direttamente 5.750.000 azioni di classe B da fondatore, che si convertono 1 a 1 in azioni ordinarie di classe A in occasione di una futura combinazione aziendale e non hanno scadenza. Fino a 750.000 azioni sono soggette a decadenza se i sottoscrittori non esercitano completamente l'opzione di sovrallocazione, come indicato nel prospetto S-1 (File No. 333-288078). Lo sponsor è classificato come direttore per delega e come proprietario effettivo con oltre il 10%. Sebbene tre persone (David Saab, Charles Ecalle, Evangelia Kallitsi) gestiscano lo sponsor, nessuna di esse ha un controllo separato di voto o disposizione. Non sono segnalati altri strumenti derivati. La comunicazione è una normale dichiarazione di proprietà che non modifica la struttura del capitale né fornisce risultati operativi.

Solarius Capital Sponsor, LLC ha presentado un Formulario inicial 3 revelando su posición en Solarius Capital Acquisition Corp. (SOCA) tras el evento de IPO del SPAC el 15 de julio de 2025. El patrocinador posee directamente 5,750,000 acciones clase B de fundador, que se convierten 1 a 1 en acciones ordinarias clase A en relación con una futura combinación de negocios y no tienen fecha de vencimiento. Hasta 750,000 acciones están sujetas a pérdida si los suscriptores no ejercen completamente su opción de sobreasignación, según lo detallado en el prospecto S-1 (Archivo No. 333-288078). El patrocinador se clasifica como director por delegación y propietario beneficiario con más del 10%. Aunque tres personas (David Saab, Charles Ecalle, Evangelia Kallitsi) gestionan el patrocinador, ninguna tiene control separado de voto o disposición. No se reportan valores derivados adicionales. La presentación es una divulgación rutinaria de propiedad que no modifica la estructura de capital ni proporciona resultados operativos.

Solarius Capital Sponsor, LLC는 2025년 7월 15일 SPAC의 IPO 이후 Solarius Capital Acquisition Corp. (SOCA)에 대한 보유 지분을 공개하는 초기 Form 3를 제출했습니다. 스폰서는 직접 5,750,000주 클래스 B 창립자 주식을 보유하고 있으며, 이는 향후 사업 결합 시 1대1로 클래스 A 보통주로 전환되며 만료되지 않습니다. 최대 750,000주는 인수인들이 초과배정 옵션을 전부 행사하지 않을 경우 몰수될 수 있으며, 이는 S-1 설명서(File No. 333-288078)에 명시되어 있습니다. 스폰서는 대리 이사10% 이상 실질 소유자로 분류됩니다. 세 명의 개인(David Saab, Charles Ecalle, Evangelia Kallitsi)이 스폰서를 관리하지만, 누구도 별도의 의결권이나 처분권을 가진 것으로 간주되지 않습니다. 추가 파생 증권은 보고되지 않았습니다. 이번 제출은 자본 구조를 변경하거나 운영 실적을 제공하지 않는 일상적인 소유권 공개입니다.

Solarius Capital Sponsor, LLC a déposé un formulaire initial 3 divulguant sa position dans Solarius Capital Acquisition Corp. (SOCA) suite à l'introduction en bourse du SPAC le 15 juillet 2025. Le sponsor détient directement 5 750 000 actions de fondateur de classe B, convertibles à raison de 1 pour 1 en actions ordinaires de classe A lors d’une future combinaison d’affaires, sans date d’expiration. Jusqu’à 750 000 actions sont susceptibles d’être perdues si les souscripteurs n’exercent pas pleinement leur option de surallocation, comme indiqué dans le prospectus S-1 (dossier n° 333-288078). Le sponsor est classé en tant que directeur par délégation et détenteur bénéficiaire de plus de 10%. Bien que trois personnes (David Saab, Charles Ecalle, Evangelia Kallitsi) gèrent le sponsor, aucune ne détient un contrôle séparé de vote ou de disposition. Aucun autre titre dérivé n’est signalé. Le dépôt constitue une divulgation de propriété routinière qui ne modifie pas la structure du capital ni ne fournit de résultats opérationnels.

Solarius Capital Sponsor, LLC hat ein initiales Formular 3 eingereicht, das seine Position in Solarius Capital Acquisition Corp. (SOCA) nach dem Börsengang des SPAC am 15. Juli 2025 offenlegt. Der Sponsor besitzt direkt 5.750.000 Class B Gründeraktien, die bei einer zukünftigen Unternehmenszusammenführung 1:1 in Class A Stammaktien umgewandelt werden und keine Ablauffrist haben. Bis zu 750.000 Aktien unterliegen dem Verfall, falls die Underwriter ihre Mehrzuteilungsoption nicht vollständig ausüben, wie im S-1-Prospekt (Aktenzeichen 333-288078) beschrieben. Der Sponsor wird als bevollmächtigter Direktor und als über 10% wirtschaftlicher Eigentümer eingestuft. Obwohl drei Personen (David Saab, Charles Ecalle, Evangelia Kallitsi) den Sponsor verwalten, hat keiner von ihnen eine separate Stimm- oder Verfügungsbefugnis. Es werden keine weiteren derivativen Wertpapiere gemeldet. Die Einreichung ist eine routinemäßige Offenlegung der Eigentumsverhältnisse, die die Kapitalstruktur nicht ändert und keine Betriebsergebnisse liefert.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Tighe Brett

(Last) (First) (Middle)
100 FIRST ST, SUITE 600

(Street)
SAN FRANCISCO CA 94105

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Okta, Inc. [ OKTA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
07/18/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 07/18/2025 S(1) 10,000 D $95 132,288(2) D
Class A Common Stock 1,250 I By Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (3) (4) (4) Class A Common Stock 13,741 13,741 D
Restricted Stock Units (3) (5) (5) Class A Common Stock 18,893 18,893 D
Restricted Stock Units (3) (6) (6) Class A Common Stock 27,114 27,114 D
Restricted Stock Units (3) (7) (7) Class A Common Stock 38,720 38,720 D
Class B Common Stock (8) (8) (8) Class A Common Stock 69,046 69,046 I By Trust
Explanation of Responses:
1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on April 14, 2025.
2. Includes 299 shares of Class A Common Stock acquired under a Section 423 Employee Stock Purchase Plan.
3. Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's Class A Common Stock.
4. 6.25% of the shares underlying the RSU vested on June 15, 2022, and the remaining shares underlying the RSU shall vest in 15 equal quarterly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date.
5. 8.33% of the shares underlying the RSU vested on June 15, 2023, and the remaining shares underlying the RSU shall vest in 11 equal quarterly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date.
6. 8.33% of the shares underlying the RSU vested on June 15, 2024, and the remaining shares underlying the RSU shall vest in 11 equal quarterly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date.
7. 8.33% of the shares underlying the RSU vested on June 15, 2025, and the remaining shares underlying the RSU shall vest in 11 equal quarterly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date.
8. Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
Remarks:
/s/ Larissa Schwartz, attorney-in-fact of the Reporting Person 07/21/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
Okta Inc

NASDAQ:OKTA

OKTA Rankings

OKTA Latest News

OKTA Latest SEC Filings

OKTA Stock Data

16.10B
166.16M
0.61%
86.2%
2.55%
Software - Infrastructure
Services-prepackaged Software
Link
United States
SAN FRANCISCO